Breach of Terms Clause Samples

Breach of Terms. If the Borrower fails to make payment of any instalment on due date and the Lender decides to enforce the acceleration clause, he shall first give written notice to the Borrower calling upon him or her to make payment within (number) days, failing which the Lender shall be entitled to claim payment of whatever is due in terms of this agreement by way of summons.

Breach of Terms. 13.1 Sanction The Balancing Service Provider Shall pay Fingrid a sanction as described in sections 12.2.1 and 12.3.1. 13.2 Temporary exclusion of a Balancing Service Provider from the reserve market Fingrid has the right to temporarily exclude a Balancing Service Provider from the Balancing Energy and Balancing Capacity Market, if the Balancing Service Provider fails repeatedly without an acceptable reason to activate their Balancing Energy Bid in accordance with Fingrid’s order or otherwise breaches the terms and conditions in this document in spite of a written notice by Fingrid. The duration of the temporary exclusion is from one to three months depending on the nature of the violation. 13.3 Cancelling the Agreement In the event of a material breach of contract, Fingrid shall be entitled to terminate the Balancing Market Agreement as laid down in that contract or the Balancing Capacity Agreement as laid down in that contract.

Breach of Terms. The Owner understands that the labor and materials outlined in the Job Standards and Specifications in the Construction Contract and this Agreement will be provided to the Owner at no cost. The Owner further understands that if the Owner fails to comply with the terms of the Construction Contract or this Agreement or refuses to allow the contractor to complete the work outlined in the Job Standards and Specifications, the Owner will be in breach of the terms and may be required to repay the Escrowed Funds in an amount equal to the cost of the HARP improvements. If a breach occurs, Notice will be provided to the Owner by CAA or MaineHousing and Owner will be required to repay amounts owed within sixty (60) days of receipt of the Notice.

Breach of Terms. Any breach of the terms of this Amendment shall, at the option of Lender, constitute an Event of Default, entitling Lender to exercise its rights and remedies under the Financing Agreements.

Breach of Terms. In the event either party materially breaches any of the material terms of this Agreement or its extension(s), the non-breaching party shall notify the breaching party and the breaching party shall have thirty (30) days to correct the breach. If said breach is not remedied within such period, the non-breaching party shall then have the right to terminate this Agreement immediately upon written notice without further obligation to the breaching party.

Breach of Terms. After the pet application is approved, the Resident agrees to abide by the terms and conditions of the Pet Rules and Regulations.

Breach of Terms. Each Party acknowledges that in the event of breach, or threatened breach, under this Section 10, the Disclosing Party’s remedy at law may be inadequate, and that the damages flowing from such breach might not be readily susceptible of being measured in monetary terms. Accordingly, in the event of either Receiving Party’s breach, or threatened breach of this Section 10, the Disclosing Party, in addition to any monetary damages, shall be entitled to seek immediate injunctive relief and may obtain a temporary order restraining any threatened or further breach without the posting of a bond or proof of monetary damages.

Breach of Terms. 13.1 Sanction For capacity not delivered, the Balancing Service Provider shall pay a sanction to Fingrid in accordance with section 11. 13.2 Verification of control properties of reserves, and the Balancing Service Pro- vider’s reimbursement obligation Fingrid is entitled to verify the control properties of a Reserve Unit. If a significant deficiency is detected during the inspection, a temporary exclusion from the reserve market will be carried out in accordance with section 13.3. A signif- icant deficiency means incorrect activation of the reserve, for example a slower acti- vation speed than required or a shortfall in the amount of activated reserve. Once it has been reliably shown that the deficiency has been corrected, the Reserve Unit can return to the market. This can be demonstrated by a technical report or a new adjustment test, the costs of which are borne by the Balancing Service Provider. If, based on Fingrid's monitoring, a minor deficiency is detected, the Balancing Ser- vice Provider must provide based on Fingrid's request, a report on reserve mainte- ▇▇▇▇▇ deficiencies within 30 days. A slight deficiency means a deficiency which, how- ever, based on the information used in the inspection, has not significantly affected the activation of the reserve in accordance with the requirements. It can be, for ex- ample, an activation that meets the requirements but deviates from the results of the prequalification test, a deficiency in the quality of the measurement data provided by the reserve meter, or another observation that requires further clarification. The Re- serve supplier is responsible for the costs of the investigation. If, based on the inves- tigation, a minor deficiency becomes a significant deficiency, the follow-up measures are the same as in the case of a significant deficiency detected in the initial inspec- tion. If the Balancing Service Provider fails to provide the account requested by Fingrid by the deadline, the Balancing Service Provider shall reimburse the fees based on these terms and conditions for the period of the account in terms of both the Frequency Containment Reserve for Normal Operation and Frequency Containment Reserve for Disturbances. If a verification, other test in accordance with this document or monitoring by Fingrid indicates that the reserve capacity maintained by the Balancing Service Provider has been smaller than what has been agreed or if the balancing capacity of the Reserve Unit differs from the term...

Breach of Terms. Breach of any of the terms of the Contract, the EMPLOYER shall be entitled, without prejudice to any and all other remedies available to it, without incurring any liability what- so-ever, to fore-bear from doing such acts or fulfilling such obligations as are to be done or fulfilled by it here under until the CONTRACTOR on terms herein makes good the saidbreach;